Exhibit 99.1 1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces September Quarter 2024 Financial Results Delivering industry-leading operational and financial performance year-to-date Expect record December quarter revenue and an 11% - 13% operating margin, expanding over prior year Generating strong Return on Invested Capital, exceeding cost of capital by 5 points Upgraded to investment grade credit rating b ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-5424 DELTA AIR LINES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification N ...

Delta Air Lines, Inc. (NYSE:DAL) Q2 2024 Earnings Conference Call July 11, 2024 10:00 AM ET Company Participants Julie Stewart - Vice President, IR Ed Bastian - CEO Glen Hauenstein - President Dan Janki - CFO Tim Mapes - SVP, Chief Communications Officer Conference Call Participants Conor Cunningham - Melius Research Savi Syth - Raymond James Jamie Baker - JPMorgan Tom Fitzgerald - TD Cowen Mike Linenberg - Deutsche Bank Scott Group - Wolfe Research Sheila Kahyaoglu - Jefferies Duane Pfennigwerth - Evercore ...

Exhibit 99.1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces June Quarter 2024 Financial Results Delivered industry-leading operational performance, underpinning trusted brand and customer loyalty Record June quarter revenue with mid-teens operating margin and strong cash generation Continued debt repayment, progressing balance sheet toward investment grade metrics Announced a 50 percent increase to dividend ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ Commission File Number 001-5424 DELTA AIR LINES, INC. (Exact name of registrant as specified in its charter) Delaware 58-0218548 (State or other jurisdiction of incorporation or organization) (I.R.S. Em ...

Delta Air Lines, Inc. (NYSE:DAL) Q1 2024 Earnings Conference Call April 10, 2024 10:00 AM ET Company Participants Julie Stewart - Vice President, Investor Relations Ed Bastian - Chief Executive Officer Glen Hauenstein - President Dan Janki - Chief Financial Officer Peter Carter - Executive Vice President, External Affairs Tim Mapes - Senior Vice President Chief Communications Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Mike Linenberg - Deutsche Bank Scott Group - Wolfe Research Ra ...

Exhibit 99.1 CONTACT: Investor Relations Corporate Communications 404-715-2170 404-715-2554 InvestorRelations@delta.com Media@delta.com Delta Air Lines Announces March Quarter 2024 Financial Results Delivered industry-leading operational performance, record March quarter completion factor March quarter revenue and earnings at the high end of guidance Expect record June quarter revenue, mid-teens operating margin, and EPS of $2.20 to $2.50 Reiterating 2024 outlook for EPS of $6 to $7 and free cash flow of $3 ...

Delta Air Lines, Inc. (NYSE:DAL) J.P. Morgan 2024 Industrials Conference March 12, 2024 7:45 AM ET Company Participants Ed Bastian - Chief Executive Officer Glen Hauenstein - President Dan Janki - Executive Vice President and Chief Financial Officer Julie Stewart - Vice President, Investor Relations Conference Call Participants Jamie Baker - J.P. Morgan Mark Streeter - J.P. Morgan Jamie Baker Good morning, everybody. My name is Jamie Baker. I cover the U.S. Airlines and Aircraft Leasing Companies at JPMorga ...

Financial Performance - In 2023, Delta Air Lines achieved strong profitability with $2 billion of free cash flow for the year[29]. - Total operating revenue for 2023 reached $58,048 million, a 14.5% increase from $50,582 million in 2022[362]. - Net income for 2023 was $4,609 million, significantly up from $1,318 million in 2022, representing a 249% increase[362]. - Operating income improved to $5,521 million in 2023, compared to $3,661 million in 2022, marking a 50.7% increase[362]. - Basic earnings per share for 2023 was $7.21, up from $2.07 in 2022, representing a 248.8% increase[362]. - Comprehensive income for 2023 was $4,565 million, compared to $2,647 million in 2022, indicating a 72.3% increase[365]. - Cash flows from operating activities were $6,464 million in 2023, slightly up from $6,363 million in 2022[367]. Debt and Liabilities - The company repaid approximately $4.1 billion in debt and finance lease obligations during 2023, aiming to regain investment grade metrics[30]. - As of December 31, 2023, Delta had $16.8 billion of fixed-rate debt and $1.9 billion of variable-rate debt, with a potential $716 million decrease in fair value from a 100 basis points increase in interest rates[339]. - Total current liabilities rose to $26,418 million in 2023, compared to $25,940 million in 2022, an increase of 1.8%[359]. - Total noncurrent liabilities decreased to $36,121 million in 2023 from $39,766 million in 2022, a reduction of 9.0%[359]. - Total outstanding debt is $18,610 million as of December 31, 2023, down from $21,381 million in 2022[463]. - The company repurchased $1.4 billion of various secured and unsecured notes during 2023, resulting in a $63 million loss on extinguishment of debt[456]. - Future debt maturities total $18,693 million, with $2,633 million due in 2024[466]. Revenue Sources - Total passenger revenue for the year ended December 31, 2023, was $48.9 billion, a 21.5% increase from $40.2 billion in 2022[402]. - Passenger ticket sales contributed $43.6 billion to total passenger revenue in 2023, up from $35.6 billion in 2022, representing a 22.4% increase[402]. - The loyalty travel awards revenue reached $3.5 billion in 2023, compared to $2.9 billion in 2022, marking a 19.5% increase[402]. - Total cash sales from marketing agreements related to the loyalty program were $6.9 billion in 2023, up from $5.7 billion in 2022, reflecting a 21.1% growth[413]. - The loyalty program deferred revenue balance at December 31, 2023, was $8.4 billion, an increase from $7.9 billion at the end of 2022[419]. - Domestic passenger revenue for 2023 was $34.0 billion, a 12.5% increase from $30.2 billion in 2022[425]. Investments and Assets - The company recorded a net gain of $1.3 billion related to the valuation of its fair value investments during 2023[342]. - The total carrying value of equity investments increased from $2,128 million in 2022 to $3,457 million in 2023, reflecting significant growth in strategic partnerships[436]. - Delta Air Lines recorded a $786 million mark-to-market gain on its investment in Wheels Up based on the closing price of its shares as traded on the New York Stock Exchange[442]. - The fair value of long-term investments and related assets was $2,867 million as of December 31, 2023, with $2,614 million classified as Level 1[430]. - The fair value of cash equivalents decreased from $2,021 million in 2022 to $1,545 million in 2023, indicating a reduction in liquid assets[430]. - Delta's total property and equipment, net, increased to $35,486 million in 2023, up from $33,109 million in 2022, representing a growth of approximately 7.2%[388]. Operating Costs and Expenses - Cash and cash equivalents decreased to $2,741 million in 2023 from $3,266 million in 2022, a decline of 16.1%[359]. - Delta's depreciation and amortization expense for property and equipment was $2.3 billion in 2023, compared to $2.1 billion in 2022, reflecting an increase of about 9.5%[388]. - The company declared dividends of $0.20 per share, totaling $129 million for the year 2023[371]. - The company's advertising expenses were $347 million in 2023, up from $302 million in 2022, indicating a 14.9% increase[399]. - Total other revenue for 2023 was $8.4 billion, a decrease from $9.3 billion in 2022, primarily due to lower refinery sales[421]. Pension and Benefits - Costs associated with defined contribution pension plans were approximately $1.2 billion in 2023, up from $1.0 billion in 2022[498]. - The benefit obligation for pension benefits at the end of 2023 was $15,911 million, a slight increase from $15,811 million in 2022[502]. - The funded status for pension benefits at the end of 2023 was $(145) million, worsening from $(90) million in 2022[503]. - The net periodic cost for pension benefits in 2023 was $130 million, a significant increase from a benefit of $(453) million in 2022[504]. - The actual gain on plan assets for pension benefits in 2023 was $1,142 million, a recovery from a loss of $(2,517) million in 2022[502]. Future Commitments and Projects - Future aircraft purchase commitments amounted to approximately $17.5 billion at December 31, 2023, with specific commitments for 2024 through 2028 detailed[526]. - The company has a total of 312 aircraft purchase commitments, including 77 A220-300 and 100 B-737-10 aircraft[527]. - The redevelopment project at New York-JFK Airport is estimated to cost approximately $1.6 billion, with construction substantially completed in 2023[484]. - The terminal redevelopment project at Los Angeles International Airport is expected to cost around $2.4 billion, with net project costs anticipated to be approximately $600 million[487]. - The LaGuardia Airport terminal redevelopment project is projected to cost $4.3 billion, with approximately $3.7 billion spent to date[494].

Delta Air Lines, Inc. (NYSE:DAL) Q4 2023 Earnings Conference Call January 12, 2024 10:00 AM ET Company Participants Julie Stewart – Vice President of Investor Relations Ed Bastian – Chief Executive Officer Glen Hauenstein – President Dan Janki – Chief Financial Officer Tim Mapes – Senior Vice President and Chief Communications Officer Conference Call Participants Michael Linenberg – Deutsche Bank Helane Becker – TD Cowen Jamie Baker – JPMorgan Conor Cunningham – Melius Research Stephen Trent – Citi David Ve ...